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How to buy Decentraland with PayPal
Why investors buy Decentraland with PayPal
PayPal is an online money transfer service that allows users to create virtual or electronic accounts and use these accounts in a safe, fast, and easy-to-use network. Using PayPal, people can transfer money or buy and sell products on the Internet. Both individuals and legal entities can use PayPal services. Our exchange also benefits from this payment platform and integrates its service for a better customer crypto-trading experience. Some of the major values of using PayPal payment services are;
- The PayPal payment method is easy to work with, it is user-friendly and simple.
- It uses a highly advanced anti-fraud system that increases the security of this platform.
- Anyone can make a PayPal account easily and benefit from its services.
Is MANA a good investment?
Decentraland is a decentralized metaverse (virtual world). This metaverse operates on the platform of the Ethereum blockchain and was created to support the creation, development, hosting and sale of virtual property. Virtual worlds that provide this feature, lead users to a fascinating digital world where they can buy, sell, and build anything they can think of. Decentraland also provides its users with the possibility to purchase virtual property. Users of this metaverse can develop their property as an online and virtual business and a source of income. They can create different buildings and attractions in their virtual land and earn money through them. In addition, users also get good profits by selling their built properties.
Decentraland platform is supported by MANA which is an ERC-20 token that serves as the system's primary currency. Members of the Decentraland community can purchase virtual parcels of the VR platform with MANA. The entire virtual reality ecosystem, which has no central authority, is run and governed by users of Decentraland. The world serves as an alternative VR ecosystem where users can buy and sell virtual goods and real estate, play games, and do whatever they want with their land as long as the network's features permit it. Users are able to interact, manage, monetize, and develop the Decentraland metaverse, which simulates reality in a virtual setting.
Who can buy Decentraland with PayPal
Basically anyone. By creating a PayPal account, you can benefit from using its services when purchasing crypto through our exchange. To purchase cryptocurrency using PayPal, you don't need to be an expert. There are only a few steps involved in the purchase process, which is easy to understand and very quick. For beginners who are just entering the world of crypto, using the PayPal payment method through our exchange may be one of the most practical methods, and for frequent users, one of the most convenient ones.
What is Decentraland ?
MANA is the symbol and the main in-game currency of Decentraland. It is an ERC-20 token that lets users purchase, trade or develop virtual lands in a decentralized manner.
What is MANA
When the Decentraland’s MANA token was launched and started trading on exchanges, it was priced at just $0.02. This number increased rapidly and by January 2018 it reached its peak of $0.26. Then, with the price decrease, it was in the trading range of $0.07 to $0.11. The price of MANA started to slowly retreat again, reaching below $0.04 by mid-2020. The value of MANA doubled by the end of 2020 and remained at the level of $0.08-0.09. As 2021 approached, the value of this token increased along with the entire cryptocurrency market and reached its highest level of $1.19 on March 14, 2021. The analysis carried out on MANA currency indicates the high value of this digital currency along with other Meta-market currencies. Due to the price reduction experienced recently, it requires analysis to buy on the spot. Nonetheless, MANA is inexpensive and simple to get, therefore it seems to be one of the finest crypto tokens for newcomers.
You should know that any news regarding Metaverse can affect the value of VR-related cryptocurrencies such as Decentraland’s. For instance, when it was announced that the video game company Atari is building a cryptocurrency casino in the virtual world Decentraland, the price of Decentraland Token (MANA) experienced a massive jump. Or when Facebook announced its name change to Meta, a jump in the prices of Decentraland (MANA) was inevitable. Therefore, Decentraland’s MANA currency as a valuable digital currency is closely tied to the news regarding Metaverse. But keep in mind that this does not mean giving you a buying signal. If you are working as a trader, you should naturally decide to enter the MANA currency transaction after analyzing the market and exit it at the right time with your desired profit. Meanwhile, for long-term investments, a percentage of the total capital can be allocated to its purchase.
How to buy MANA with PayPal instantly?
By using the PayPal payment method through our exchange, your crypto transactions can happen very quickly because of its straightforward and easy interface. How quickly you buy or sell cryptocurrency in this world has a significant impact on the value you receive. Many of our exchange users choose to use this method to buy cryptocurrency instantly since it’s easy to have a PayPal account and a well-known secure method.
Where can I buy MANA online with a PayPal?
First, you’ll need to set up a PayPal account. Then you can easily use our exchange to buy any cryptocurrency you want and pay for it through your PayPal balance with easy steps. You should log on to your account on Blocktrade.com. Choose the cryptocurrency you want to buy. Enter the amount of cryptocurrency to purchase and select adding up the balance through PayPal, to complete your cryptocurrency purchase.
Is MANA Reliable?
Decentraland is a decentralized metaverse built on blockchain functionality. Blockchain is widely expected to become one of the key technologies that enables the development of a fully inclusive cyberspace. A cyberspace that is as secure as the second-generation Internet of the Web. It is thanks to blockchain-based digital identity, digital personalities and digital assets that Metaverse can inherit values such as permission-free access, uncensorability, security, and decentralization. These values are what the blockchain industry is built upon. Regarding security in Decentraland, every change to the status of tokens, including contents or ownership transfers, are recorded by Ethereum smart contracts. The Ethereum blockchain tracks these modifications and verifies them, while guaranteeing their security. There is also a Security Advisory Board (SAB) in Decentraland that oversees the security of smart contracts on the platform. The board is also responsible for reviewing governance proposals to minimize the risk of fraud.
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FAQ
Frequently asked questions
What ensures the survival and future of digital currencies is a strong development team, functional services and an attractive platform to attract users. Fortunately, Decentraland (MANA) has all these features. In 2021, Metaverse was one of the hottest topics in the cryptocurrency world. The future of MANA currency mostly depends on how long people are interested in the metaverse. According to Mark Zuckerberg the CEO of Meta, the future is going to be all about the Metaverse market and we are still at the beginning point. Most experts believe that if Decentraland can maintain its appeal to users with timely and correct updates, it has a bright future and buying it at its current price might be a profitable and reasonable investment.
PayPal as a payment platform is secure, easy to use, and fast to finalize. Its main advantages rely on security as it gives an extra level of fraud prevention. It also encrypts your bank or credit card information to keep it safe.
The Decentraland project has been developed by two developers named Ari Meilich and Esteban Ordano. Both of them have already been involved in other successful blockchain projects such as Streamium and Bitcore.
Digital currency traders do not have to pay fees for their transactions using the PayPal payment system. Also, digital currency users can convert their digital currency balance to fiat currency easily and without additional costs. Plus, no exchange fees are charged for cryptocurrency transactions on our exchange.
As an ERC-20 token, Decentraland (MANA) can be safely stored in any Ethereum compatible wallet. It is usually recommended to use a Metamask wallet to connect to the Decentraland platform. To use personal wallets, be sure to back up your wallet so that you can restore your assets in case of any software or device issues.
With a verified PayPal account, you can send up to $60,000 per transaction. You’ll also have no limits on how much money you can send from your account overall. There's also a standard limit of 30 transactions per day.
